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Targeting companies with recently announced takeover deals can often lead to low-risk gains.
The potential for profit is even higher if you buy shares of stocks that are receiving takeover interest or are actively exploring a sale. Share prices usually rise after a takeover deal has been announced, and takeover deals are frequently announced at a significant premium above current share prices.
Here are three takeover targets for the week - |
FARO Technologies, Inc. – SYM: FARO
Recent Price: $42.15
Takeover Action: Ametek, Inc. entered a merger agreement on April 6, 2025, to acquire Faro Technologies, Inc. in a cash deal worth $920 million. Under the terms of the agreement, Ametek will acquire all outstanding shares of Faro Technologies common stock for $44 per share in cash.
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. It provides FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. It sells its products to automotive, aerospace, and metal and machine fabrication industries. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida. |
Green Dot Corporation – SYM: GDOT
Recent Price: $8.71
Takeover Action: Green Dot has drawn interest from private equity firms, with some forming consortia to pursue a potential acquisition, Bloomberg reported, citing Fortune. Strategic buyers are also participating in the process.
Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs. It offers money processing services, such as cash transfer services that enable consumers to deposit or pick up cash and pay bills with cash at the point-of-sale at any participating retailer; and disbursement services, which enable wages and authorized funds disbursement to its deposit account programs and accounts issued by any third-party bank or program manager. In addition, the company offers tax processing services consisting of tax refund transfers, which provide the processing technology to facilitate receipt of a taxpayers' refund proceeds; small business lending to independent tax preparation providers that seek small advances; and fast cash advance, a loan that enables tax refund recipients. Green Dot Corporation was incorporated in 1999 and is headquartered in Provo, Utah. Click here to continue reading the full article and see our last pick. |
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